digital wallets

80% of Millennials Use Mobile Wallets to Pay Bills
80% of Millennials Use Mobile Wallets to Pay Bills
June 05, 2023  |  Mobile Wallets

Just as bills have primarily moved from mailed paper to digital, bill pay has become more digital, fueled by consumers’ adoption of mobile wallets. PYMNTS’...

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Wearables, Mobile Wallets Are Dream Combination for French Merchants
Wearables, Mobile Wallets Are Dream Combination for French Merchants
May 29, 2023  |  Connected Economy

PYMNTS recently studied the digital transformation of 11 countries, discovering that France is a growth leader among the countries examined. Consumers in France are 10%...

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Digital Wallets and Networks Shake Up the $630 Billion Global Remittance Market
Digital Wallets and Networks Shake Up the $630 Billion Global Remittance Market
May 25, 2023  |  Payment Methods

The global remittance market — where hundreds of billions of dollars flow across borders annually — is being reshaped by digital disruption. Late last year,...

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60% of APAC Online Shoppers Bail at Checkout Without Local Payments Options
60% of APAC Online Shoppers Bail at Checkout Without Local Payments Options
May 18, 2023  |  Mobile Wallets

The Asia-Pacific region is poised to become a major area of growth for U.S. and U.K. merchants in the next three years, especially for specialty...

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Small FIs Now Have the Data and Tech to Issue Credit Cards
Small FIs Now Have the Data and Tech to Issue Credit Cards
May 18, 2023  |  Credit Cards

The credit card market has typically been dominated by a few key players. The top-five issuers are behind roughly three-quarters of credit card loan balances,...

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Consumers Who Shop More Online Also Use More Healthcare Services Online
Consumers Who Shop More Online Also Use More Healthcare Services Online
May 17, 2023  |  Connected Economy

Inflation, economic uncertainty, and a generalized sense of instability are not holding back the world’s digital transformation, which clicked up meaningfully in the first quarter...

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Paysafe Says Digital Wallet Use Helped Q1 Revenue Jump 7%
Paysafe Says Digital Wallet Use Helped Q1 Revenue Jump 7%
May 16, 2023  |  Earnings

Payments platform Paysafe saw a revenue boost due to a rise in digital wallet use. “We kicked off 2023 by delivering our strongest quarterly revenue since going...

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Mastercard Launches Solution for Secure Digital Account Opening
Mastercard Launches Solution for Secure Digital Account Opening
May 11, 2023  |  Mastercard

Mastercard has launched a solution designed to help businesses implement secure digital account opening. The company’s enhanced Open Banking for Account Opening provides account owner...

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Unauthorized GCash Withdrawals Highlight Dangers of Digital Wallet Fraud 
Unauthorized GCash Withdrawals Highlight Dangers of Digital Wallet Fraud 
May 09, 2023  |  Security & Fraud

The hackers have been foiled.   At least in one case, and at least for the moment, they have been foiled. But the threats to, and...

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